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Luom
Luom is 49 years old and is married with three children, two sons and one daughter. Her husband is a driver for hire. Luom has been running a food stall selling pork and noodles for 19 years. She started this business to cover her expenses and to generate income to raise her children. She lives with her family in Ho Chi Minh City.

Luom is requesting a loan to expand her business by buying more kinds of food and better quality ingredients and meat to make good foods for selling. She hopes that this will enable her to attract more customers and that she will be able to increase the turnover of her business. She hopes that through the loan she will be able to expand her business activities and have money to reinvest to her business in the future.

Additional Information

About Capital Aid Fund for Employment of the Poor

Capital Aid Fund for Employment of the Poor (CEP) is a non-profit Vietnamese microfinance institution that operates in the provinces of southeastern Vietnam and the Mekong Delta. CEP's head office is located in Ho Chi Minh City. This institution’s mission is to work with, and for, the poor and poorest to realize sustained improvements in well-being through the provision of financial and complementary non-financial services in an honest, efficient, and sustainable manner. The non-financial services CEP offers to complement its basic credit and savings products include financial education, raising awareness of health and sanitation issues, and education scholarships for children.

About Vietnam

  • $725
    Average annual income
  • 124
    View loans »
    Vietnam Loans Fundraising
  • $13,015,875
    Funds lent in using Kiva
  • 20,920.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Luom to buy more kinds of food and better quality ingredients and meat to make good foods for sale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2012
Listed
Jun 18, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013